Had a very enlightened employer with a corporate wide policy covering everything - all travellers issued with an insurance card before travel with annual updates issued. Company Credit card had one of those card protection schemes included at company expense for lost passport, personal cards, personal money etc. Current employer issues nothing but thankfully travel is now solely UK based so motor vehicle policy / Hotel Proprietors gives some minimal recourse for personal possessions. When you say "own arrangements" are you allowed to claim back for example annual personal travel cover as expenses and more importantly when travelling "further afield" have they also eliminated medical cover & repatriation? - Personally I wouldn't leave home without it...even with my EHIC packed. Have they suggested what if scenarios or do they really expect you to meet clients / colleagues in only the clothes you arrive in on multiple overnight trips? Sounds once more of someone knowing the "cost" without appreciating the "value".